Domestic: There was some demand in the market with the Holi festival around the corner. In Maharashtra, Mills are opening trades at ₹3100 with negligible sales whereas, in resell, S/30 is trading at ₹2965 to ₹3010. In Uttar Pradesh, Ex-mill trades are taking place from ₹3100 to ₹3120. In resell, M/30 sugar is trading at ₹3060 to ₹3100. In Gujarat, S/30 is trading at ₹3100. In Tamil Nadu, Mill trades are taking place at ₹3150 to ₹3200 excluding GST.

International: The market is flat. London White Sugar is trading at $338 whereas US Sugar is trading at $12.35.

The FOB indication for raw sugar was at $303-$306 and Indian White Sugar at $314-$317.

The demand of Raw Sugar range was ₹19000-19200/mt and White Sugar ₹19600-₹19800/MT on Ex.factory basis.

Currency & Commodity: The rupee was trading against the US dollar at 69.51 meanwhile USD traded with BRL at 3.814, Crude Futures traded at ₹4037, WTI $58.15.

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